Zambian Breweries Annual Report - Released June 2012 - SABMiller

Zambian Breweries Plc
Financial Statements
For the year ended 31 March 2012
(all amounts are in millions of Kwacha unless otherwise stated)
Statement of financial position
At 31 March
Notes 2012 2011
Zambian Breweries Plc
18
Non current assets
Property, plant and equipment 13 924,149 672,640
Intangible asset 14 72,335 73,203
996,484 745,843
Current assets
Inventories 15 203,459 149,089
Trade and other receivables 16 60,240 51,786
Current income tax 11 17,031 20,297
Cash and cash equivalents 17 141,822 22,702
Current liabilities
422,552 243,874
Trade and other payables 18 242,324 187,072
Derivative financial instruments 19 458 335
Borrowings 20 380,411 75,065
623,193 262,472
Net current liabilities (200,641) (18,598)
795,843 727,245
Equity
Share capital 21 546 364
Share premium 21 450,207 99,474
Retained earnings 208,871 137,219
Total Equity 659,624 237,057
Non-current liabilities
Borrowings 20 - 400,000
Deferred income tax 22 136,219 90,188
Total non-current liabilities 136,219 490,188
Total equity and non-current
liabilities 795,843 727,245
The notes on pages 21 to 47 are an integral part of these financial statements.
The financial statements on pages 17 to 47 were approved for issue by the Board of Directors on
12 June 2012 and signed on its behalf by:
Valentine Chitalu
Chairman
Anele Malumo
Managing Director
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